Complex Cyanides Price in Greece - 2023

Contents:

  1. Complex Cyanides Price in Greece (CIF) - 2022
  2. Complex Cyanides Price in Greece (FOB) - 2022
  3. Complex Cyanides Imports in Greece
  4. Complex Cyanides Exports in Greece

Complex Cyanides Price in Greece (CIF) - 2022

The average complex cyanides import price stood at $19,696 per ton in 2022, surging by 356% against the previous year. In general, the import price saw strong growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($34,688 per ton), while the price for Belgium ($6,721 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Complex Cyanides Price in Greece (FOB) - 2022

The average complex cyanides export price stood at $11,144 per ton in 2022, falling by -25.9% against the previous year. In general, the export price, however, recorded a temperate increase. The most prominent rate of growth was recorded in 2015 an increase of 92% against the previous year. Over the period under review, the average export prices attained the maximum at $15,032 per ton in 2021, and then declined remarkably in the following year.

As there is only one major export destination, the average price level is determined by prices for Albania.

From 2012 to 2022, the rate of growth in terms of prices for Albania amounted to +4.7% per year.

Complex Cyanides Imports in Greece

Complex cyanides imports into Greece contracted to 24 tons in 2022, approximately mirroring the previous year's figure. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +10.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +37.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 39%. As a result, imports attained the peak of 24 tons, and then reduced modestly in the following year.

In value terms, complex cyanides imports skyrocketed to $469K in 2022. Overall, imports, however, enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Complex Cyanides in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1.11.11.3348581.4%
ItalyN/AN/A9.962.7533.3%
Belgium11.811.712.257.769.7%
China44.445.974.4N/A29.4%
France4.53.96.1N/A16.4%
Others0.1N/A0.21.0115.4%
Total61.962.710446996.4%

Top Suppliers of Complex Cyanides to Greece in 2022:

  1. Germany (10.0 tons)
  2. Belgium (8.6 tons)
  3. Italy (5.2 tons)

Complex Cyanides Exports in Greece

In 2022, approx. 285 kg of complex cyanideses were exported from Greece; with an increase of 14% on the year before. Overall, total exports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +23.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +90.0% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 33%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, complex cyanides exports plummeted to $3.2K in 2022. Over the period under review, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +17.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +62.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 45% against the previous year. As a result, the exports reached the peak of $3.8K, and then shrank notably in the following year.

Export of Complex Cyanides in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Albania2.02.63.83.217.0%
OthersN/AN/AN/AN/A0%
Total2.02.63.83.217.0%

Top Export Markets for Complex Cyanides from Greece in 2022:

  1. Albania (285.0 kg)

Source: IndexBox Market Intelligence Platform

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